Mr. Michael Galloro reports

AF2 CAPITAL CORP. ANNOUNCES RESUMPTION OF TRADING & CORPORATE UPDATES

AF2 Capital Corp.'s common shares will resume trading on the TSX Venture Exchange effective on or about two business days after the date on which the exchange issues a bulletin confirming resumption of trading. The company's common shares were previously halted from trading in connection with a proposed qualifying transaction with Stay Inc., the termination of which was announced on Jan. 10, 2025.

The company will continue to pursue and evaluate other assets or businesses with a view to completing its qualifying transaction and will make further announcements with respect to these efforts as soon as practically possible.

The company has not held its annual general meeting since March 15, 2021, in order to preserve cash. The company had anticipated holding its meeting in connection with the proposed qualifying transaction with Stay. The company intends to hold its meeting upon identifying a potential target to complete its qualifying transaction. In the event the company does not identify such a target prior to the year end, the company will hold its meeting in the first quarter of 2026.

About AF2 Capital Corp.

AF2 is a capital pool company within the meaning of the policies of the TSX Venture Exchange that has not commenced commercial operations and has no assets other than cash. The officers of the company are Michael Galloro, chief executive officer, and Jonathan Held, chief financial officer and corporate secretary. Except as specifically contemplated in Policy 2.4 -- Capital Pool Companies of the TSX Venture Exchange, until the completion of its qualifying transaction, the company will not carry on business, other than the identification and evaluation of companies, business or assets with a view to completing a proposed qualifying transaction.

We seek Safe Harbor.